CFTC COT
| December 02, 2011
Commitment of Traders Report - December 2, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 29. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercials reduced net length slightly across the petroleum complex during the week ended November 29. Non-commercial net length rose by 2.7k to 204.0k in futures, and fe.....
NORTH AMERICAN RIG WATCH
| December 02, 2011
Schlumberger (Smith) STATS
STATS shows 1,863 active rigs as of December 2, 2011, down -4 rigs from a week ago. Oil rigs rose by +16 (ht: +10, vt-dir: +6) and gas rigs fell by -20 (ht: -19, vt-dir: -1).
EIA NG STORAGE REPORT
| December 01, 2011
-1 bcf
EIA reported a surprisingly bullish -1 bcf draw for the week ended November 25. This is the first draw of the season and leaves many analysts utilizing pipeline flow models scratching their heads, as most such estimates (including ours) indicated a minor change in inventories for the Consuming East, where EIA reported a -17 bcf draw, resulting in an nationwide draw for the week. Compared to last year’s -21 bcf, as well as the past five-year average of -29 bcf draw, however, this year’s refere.....
CFTC COT
| November 28, 2011
Commitment of Traders Report - November 22, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 22. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercial net length declined in WTI and gasoline, while the drop in heating oil was relatively small during the week ended November 22. WTI non-commercial net lengt.....
EIA NG STORAGE REPORT
| November 23, 2011
+9 bcf
EIA reported a surprisingly bullish +9 bcf build for the week ended November 18. This build was well below expectations (Bloomberg median +19 bcf) for the second week in a row. However, the build was still greater than last year’s -7 bcf withdrawal and the prior 5-year average withdrawal of -7 bcf for the calendar week. In addition, a revision was issued that caused stocks to change from 3,850 to 3,843 bcf for the week ended November 11. Given the revision, this week’s build makes balances ap.....
NORTH AMERICAN RIG WATCH
| November 23, 2011
EARLY RELEASE - Schlumberger (Smith) STATS
Please note that due to the Thanksgiving holiday in the US, this week’s STATS numbers were released today with Friday’s date (November 25, 2011). STATS shows 1,867 active rigs as of November 25, 2011, down -6 rigs from a week ago. Oil rigs dropped by -1 (ht: 0, vt-dir: -1) and gas rigs fell by -5 (ht: -7, vt-dir: +2).
CFTC COT
| November 18, 2011
Commitment of Traders Report - November 18, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 15. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercial net length increased in WTI and heating oil, and was almost unchanged in gasoline during the week ended November 15 (in line with last week). Non-commercials .....
NORTH AMERICAN RIG WATCH
| November 18, 2011
Schlumberger (Smith) STATS
STATS shows 1,873 active rigs as of November 18, 2011, up +17 rigs from a week ago. Oil rigs rose by +34 (ht: +26, vt-dir: +8) and gas rigs fell by -17 (ht: -2, vt-dir: -15).
EIA NG STORAGE REPORT
| November 17, 2011
+19 bcf
EIA reported a surprisingly low +19 bcf build for the week ended November 11. This build was well below expectations (Bloomberg median +27 bcf), but still above the prior 5-year average build (+10 bcf) and the year-ago withdrawal (-1 bcf). After three consecutive weeks of the build exceeding expectations, this week’s bullish announcement sent the NYMEX front month contract up about 7 cents. But, while bullish relative to expectations, this build still pushed U.S. inventories to a new record o.....
CFTC COT
| November 14, 2011
Commitment of Traders Report - November 14, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 8. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercial net length climbed in WTI and heating oil, and was flat in gasoline during the week ended November 8. Non-commercials increased net length by 6.1k to 205.3k in.....